Work Area: Cartels

Russia raids luxury goods stores

Russia’s competition authority has raided several luxury goods retailers and distributors over suspicions of an international price-fixing conspiracy.

12 August 2021

Saudi Arabia fines furniture cartel

Saudi Arabia’s General Authority for Competition has fined four home and office furniture retailers a total of €2.3 million for bid rigging, although observers claim the case raises evidentiary issues.

11 August 2021

Spanish court upholds dawn raids on Philip Morris

A Spanish court has confirmed that the country’s antitrust enforcer was entitled to raid Philip Morris in 2017 as part of an information-sharing investigation that ended with the tobacco company being ordered to pay a €15 million fine.

11 August 2021

Divided Second Circuit “carefully” defers to China in Vitamin C rerun

Chinese law required Vitamin C manufacturers to fix prices, the US Court of Appeals for the Second Circuit has ruled once again following instructions from the Supreme Court.

11 August 2021

Latvia sanctions construction cartel

Latvia’s Competition Council has levied a €16.7 million cartel fine on 10 construction companies after concluding one of its most important ever investigations, although counsel to one of the companies claims the agency may have relied on a trove of evidence unlawfully.

10 August 2021

Hong Kong judge sceptical of cartel allegations in Shell case

The judge presiding over an aluminium manufacturer’s claims that Shell and a rival fuel provider colluded to fix industrial diesel prices has questioned whether the accuser has even put forth a prima facie case.

10 August 2021

Malaysia fines warehousing cartel

Malaysia’s Competition Commission has fined seven warehousing companies for fixing import and export cargo handling service fees at the country’s major port.

10 August 2021

Messi transfer would be illegal under EU competition rules, complaint alleges

A complaint lodged on behalf of fans of FC Barcelona to the European Commission has claimed that footballer Lionel Messi’s expected transfer to Paris Saint-Germain FC breaches EU competition and state aid rules.

09 August 2021

Real estate investor enters second guilty plea

A real estate investor has pleaded guilty for a second time for conspiring to rig bids at foreclosure auctions in Northern California ahead of his trial later this month.

09 August 2021

Germany punishes musical instrument makers and retailers

Germany’s Federal Cartel Office has fined five musical instrument companies a total of €21 million for vertical and horizontal price fixing, becoming the latest European enforcer to punish such behaviour.

05 August 2021

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